> Going through court will lead to even more dragged out speculation and hurt Twitter more than any other party. They can't be 100% sure that they will win the case,
It's hard to be 100% sure, but there is a rather high probability that they will win and if they do, even if EM only has to pay a fine, they will have an official court statement saying that their bot statement is reasonable which is significantly better than leaving it with "we settled with EM since we don't think that we can defend this statement".
> In the end, even if they win, and Musk must buys the company at the deal price, by the time that goes through the markets may as well have rebounded to make the acquisition price reasonable again.
And that's fine. After all, Twitter agreed to the sale at that price.
> The winners at the end of the day would be the lawyers and millions of dollars dumped into fighting a case instead of settling.
There would be at least three winners:
1. The lawyers, but they probably already got millions over the whole mess.
2. The legal system, since there would be some indication that even EM has to follow the rules for once.
3. The shareholders who will get significantly more money and who are actually the people the board represents.
It's hard to be 100% sure, but there is a rather high probability that they will win and if they do, even if EM only has to pay a fine, they will have an official court statement saying that their bot statement is reasonable which is significantly better than leaving it with "we settled with EM since we don't think that we can defend this statement".
> In the end, even if they win, and Musk must buys the company at the deal price, by the time that goes through the markets may as well have rebounded to make the acquisition price reasonable again.
And that's fine. After all, Twitter agreed to the sale at that price.
> The winners at the end of the day would be the lawyers and millions of dollars dumped into fighting a case instead of settling.
There would be at least three winners: